I understand that you have direct Alaskan conventional experience in terms of being hands on.
Have you been in the boardroom as an executive cutting deals?
The late Paul Basinski, a shale legend, not conventional did not spend 6 years pursuing his ''vapour phase'' project for a few cents on the barrel
Do you have direct shale experience ? I will not ask about Vapour phases as being a first of its kind the working knowledge is evolving.
Have you checked the presentation where the P50 at 30$ first appeared?
Caelus have not progressed because they need more support. They have a ''Bookable reserve'' , So why are they waiting to receive SOA rebates, if their team is a definite sell for fund raising.
The area close to Nanshuk is not far away from where the army engineers are planning communications including roads. Yukon Gold is on the welcome map to the ANWR, the projections for that tidy parcel is looking very welcoming indeed.
With improved technology the costs of drilling has come down. The original,thought of 1200 wells on 40 pads may have come down in size but without diluting the asset. Once positive results come from the Conventional Farm out the funds to continue to prove up the Shale prize can kick off again.
The next link will take you to the live presentations, well worth researching to get a better understanding of what the Hybrid shale play is all about and why it is so different from anything else .
http://88ewiki.wikidot.com/presentations
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